Angola: Hairpin Market 2025

Hairpin Market Size in Angola

The Angolan hairpin market dropped to $X in 2021, waning by -7.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a dramatic decline. Hairpin consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Hairpin Exports

Exports from Angola

In 2021, exports of hairpins, curling pins, curling grips and hair-curlers from Angola totaled X kg, remaining stable against the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 121%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, hairpin exports dropped to $X in 2021. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 141% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then shrank in the following year.

Exports by Country

Democratic Republic of the Congo (X kg), Sao Tome and Principe (X kg) and Portugal (X kg) were the main destinations of hairpin exports from Angola, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were in Sao Tome and Principe (with a CAGR of +60.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hairpin exported from Angola were Sao Tome and Principe ($X), Democratic Republic of the Congo ($X) and Portugal ($X), together comprising 98% of total exports.

In terms of the main countries of destination, Sao Tome and Principe, with a CAGR of +63.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hairpin export price stood at $X per ton in 2021, shrinking by -4.2% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The growth pace was the most rapid in 2020 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sao Tome and Principe ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+2.9%), while the prices for the other major destinations experienced a decline.

Hairpin Imports

Imports into Angola

In 2021, after three years of decline, there was growth in supplies from abroad of hairpins, curling pins, curling grips and hair-curlers, when their volume increased by 5% to X tons. Overall, imports, however, showed a precipitous curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 181%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, hairpin imports shrank to $X in 2021. Over the period under review, imports, however, saw a significant decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 111%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of hairpin to Angola, accounting for a 70% share of total imports. Moreover, hairpin imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), eightfold. The third position in this ranking was held by South Africa (X tons), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+13.0% per year) and South Africa (-19.7% per year).

In value terms, China ($X) constituted the largest supplier of hairpin to Angola, comprising 44% of total imports. The second position in the ranking was held by Portugal ($X), with an 18% share of total imports. It was followed by South Africa, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-9.0% per year) and South Africa (-16.2% per year).

Import Prices by Country

In 2021, the average hairpin import price amounted to $X per ton, with a decrease of -16.2% against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 60% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then fell remarkably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Portugal ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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